The licence allows Rain MENA FZE to offer exchange, broker-dealer and margin trading services to customers in Dubai.

Crypto platform Rain has secured a full licence from Dubai’s Virtual Assets Regulatory Authority for its Dubai entity, Rain MENA FZE.

The licence covers virtual asset exchange and broker-dealer services, including margin trading, and allows the company to serve retail, qualified and institutional investors in Dubai. It follows an in-principle approval granted earlier this year under the regulator’s two-stage licensing process.

Rain MENA FZE will operate under the authority’s exchange and broker-dealer rulebooks. “We are a regional platform with global intent, and Dubai…